Answer:
Opening new retail outlets in the city would be the project that could be classified as an expansion project.
Option: (B)
Explanation:
Expanding a company or a business refers to expanding the span and the outreach of the business through activities like increased manufacturing, sales, and marketing of the manufactured products. The activity of expansion can be undertaken by increasing the efficiency of the existing manufacturing plant, by establishing new manufacturing plants, by increasing the number of retail outlets through which the finished goods can be sold directly to the consumers, etc.
When the demand for a particular product increases, it is deemed intelligent to opt to expand the business in order to increase the quantity of output so that the prevalent demand can be met. As the output is increased, the need for more sales facilities also arises simultaneously. Hence, increasing the number of retail outlets is considered as a part of expansion projects.
Answer:
Explanation:
In this question, we use the present value (PV) formula.
The NPER represents the time period
Given that,
Present value = ?
Future value = $250,000
Rate of interest = 7%
NPER = 85 - 65 = 20 years
The formula is shown below:
= PV(Rate;NPER;PMT;FV;type)
=PV(0.07;20;;-250000)
The Future value come in negative
So, after solving this, the answer would be Rs.64,604.75
Out of the choices provided above, it can be concluded to state that the two ways in which a customer service and support can affect sales are,
- Distributing marketing information
- Increased Sales through Responsiveness and Personalization
Therefore, the options C and D hold true.
<h3>What is the significance of customer service?</h3>
Customer service can be referred to or considered as the method in which a dedicated team of designated members helps in the process of deriving efficient outputs for the firm in deriving sales from potential and targeted customers.
The sales can be derived by using different techniques, which may include the distribution of marketing information to the potential buyers who might end up purchasing and deriving sales. Additionally, personalization attracts a number of different customers to boost sales.
Therefore, the options C and D hold true and states regarding the significance of customer service.
Learn more about customer service here:
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Answer:
(a) Net cash flow provided by operations for Simon Co. for the year ended December 31, 2020 is $1,580.
(b) The correct answer is Option A.
Explanation:
(a) Preparation of statement of cash flows extract
Simon Co.
Statement of Cash Flows (extract) for the Year Ended December 31, 2020
Net income $840
Add: Depreciation and amortization expense 640
Decrease in Accounts receivable 90
Increase in Income taxes payable 70
Less: Increase in Inventory 40
Decrease in Accounts payable 20
Net cash flows from operating activities $1,580
(b) The difference is mainly from timing and recognition. The cash flows from operations is a valuable tool used by investors to evaluate a company's financial strength. This section of the cash flows is regarded as the <em>cash version of net income </em>as non-cash items are added back to net income and it also considers changes in working capital, including current assets and current liabilities.
Answer: The answer would be a interrogation
Explanation:
